Eliminating outsourcing confusion with ICON's new framework

The surge in demand for CRO services has led to more organisations entering the market. However, very few provide a full-service model and the market is becoming increasingly fragmented. While fragmentation means companies can access the model that is more suitable to their clinical trial, the industry has failed to clearly define each model.

One of the greatest challenges of not having an industry-wide agreement is that it inhibits understanding between partners. There needs to be a clear definition if pharma, biotech and healthcare companies are to accurately assess the efficacy of each model.

Consistency is the first word that should spring to mind. Without this, it becomes difficult to understand the scenarios where each sourcing model would be most suitable, and whether that suitability might change throughout the project lifecycle. For vendors, this means they're in a position to address quality management, reduce cost of clinical trial delivery, improve cycle times and meet patient recruitment targets.

Outlining the framework and establishing the correct terminology is the first step towards more effective outsourcing partnerships. It allows sponsors to accurately meet the customer's unique needs and enhance the analysis of drug development.

The analysis doesn't stop there. The partnerships we've made and the results we've uncovered are just the first steps in addressing the confusion. We're looking to expand our research, starting with an analysis of clinical trial performance outcomes.

Our ultimate goal is to bring life-changing medicines and devices to market. There are many avenues of analysis we believe we need to take to achieve this, one is improving the effectiveness of clinical development.

We believe that our partnerships with industry-leading organisations combined with our growing network of success-driven employees will enable us to hit this goal.

If you want to be involved, explore CRA careers, project management jobs or clinical trial support roles at ICON and discover more about the cutting-edge research our teams are working on.